Turning point? Port of LA boss sees imports ‘easing’ lower in August

photo of container port of Los Angeles

Los Angeles, America’s largest container port, saw no letup in imports in July. But the numbers could finally start to pull back this month, according to Gene Seroka, executive director of the Port of Los Angeles.

Seroka reported Wednesday that Los Angeles handled 935,345 twenty-foot equivalent units last month, making it the port’s best July on record. Volumes were up 5% year on year.

Imports totaled 485,472 TEUs, up 3% year on year and up 9% compared to June.

(Chart: American Shipper based on...

https://www.freightwaves.com/news/turning-point-port-of-la-boss-sees-imports-easing-lower-in-august

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